paystand symbol white logoAR + PAYMENTS
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AP + EXPENSE
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LATAM AR + AP
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FX + PAYOUTS
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    Paystand is revolutionizing B2B payments with a modern infrastructure built as a SaaS on the blockchain, enabling faster, cheaper, and more secure business transactions.

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Jeremy Almond 11/07/2025
3 Minutes

Welcoming Bitwage to the Paystand Team

Welcoming Bitwage to the Paystand Team

A Major Step Toward Borderless, Programmable Finance

In 2025, stablecoins processed over $9 trillion in transaction volume. That’s 87% year-over-year growth and more than half the volume of Visa’s global network. Stablecoins have gone from niche innovation to global infrastructure, and fast.
We’re accelerating that momentum – bringing stablecoins to B2B scale.
Today, we’re excited to announce that Paystand has acquired Bitwage, the leading platform for borderless, blockchain-powered payouts. Together, we’re creating the world’s first Global Autonomous Finance Network: a decentralized, programmable FX & treasury engine built for the next generation of enterprise finance.

 

Why Bitwage?

Since 2014, Bitwage has been at the forefront of blockchain payment innovation. They’ve helped more than 90,000 workers and 4,500 businesses send and receive payments across nearly 200 countries. Their infrastructure supports stablecoins, bitcoin, and fiat currencies with full compliance and real-world reliability.

Before this acquisition, we were Bitwage customers ourselves. For years, our team used their platform to pay international vendors and contractors in stablecoins, and many of us—including myself—received portions of our payroll and bonuses in Bitcoin. We saw firsthand how the platform delighted customers like us with its world-class product experience and the power of instant, borderless payments—the ability to move money to anyone, anywhere, in seconds.

That firsthand experience is why we believe so strongly in Bitwage’s technology and its proven ability to scale on-chain finance for real businesses. Now, Bitwage becomes a core part of Paystand’s platform—extending programmable treasury and cross-border solutions to every one of our enterprise customers that moves Billions of $’s globally.

The Bigger Picture: A Convergence Moment for Policy and Tech

2025 is the year stablecoins became strategic.

Stripe acquired Bridge for $1.1 billion. Ripple bought GTreasury for $1 billion. BVNK is in talks with Mastercard and Coinbase on a $2.5 billion infrastructure deal.

Meanwhile, governments around the world have stepped in with clear regulations:

  • GENIUS Act (US)
  • MiCA (EU)
  • New stablecoin frameworks in the UK, Hong Kong, and Singapore

Combined, these moves have helped push stablecoins past $300 billion in market cap, and policymakers are now projecting trillion-dollar stablecoin scale before the decade is over.

We’re witnessing a shift from crypto curiosity to real financial infrastructure, and Paystand + Bitwage is stepping in to build the enterprise-grade rails that make this useful for real businesses.

 

What This Unlocks

With Bitwage joining forces with Paystand, we now offer enterprises a suite of capabilities that were previously siloed or costly:

  • Global Payouts, Instantly – Pay in nearly 200 countries using stablecoins, btc, or 80 fiat currencies via Bitwage’s compliant payout engine, now integrated with Paystand’s AR/AP network.
  • Treasury Movement – Shift liquidity across borders in minutes with always-on, on-chain settlement.
  • Built-In Compliance – Stay aligned with U.S. (GENIUS Act) and global regulatory standards.
  • Lower Costs, No Middlemen – Eliminate banks, delays, and hidden FX fees.
    Connected Finance Stack – AR, AP, payouts, FX, and treasury, now working together in a programmable, borderless system.

From payroll to receivables, from compensation to vendor payments, we’re building a system that works like software: always on, always global, always programmable.

 

The Global Autonomous Finance Network

With Bitwage, we’re linking both sides of the ledger in one programmable platform. From payouts, payroll, and supplier payments to receivables, cashflow, and FX, businesses can now operate globally with real-time treasury infrastructure that’s open, decentralized, and built for scale.

This is how modern business should move money, from manufacturers in China, to suppliers in Argentina, to developers in Kenya, and everywhere in between.

Unifying the Financial Lifecycle

Just like our previous acquisitions of Yaydoo and Teampay, this move is about building a comprehensive, decentralized operating system for the office of the CFO. With Bitwage, we’re extending our reach to support not only B2B transactions but the broader financial lifecycle, including payouts, FX, and remittances.

From invoices to payroll, from spending to earning, we’re building a financial system that works like software: 24/7, decentralized, and borderless.

 

The Road Ahead

Over the last few years, Paystand has expanded across three continents, connected 1M+ businesses, processed billions in volume, and built a team that’s now scaled more b2b transactions on the blockchain than anyone in the industry. Bitwage strengthens every part of that foundation and gives us the tools to serve not just AR and AP, but the entire global financial lifecycle.

The infrastructure is ready. The regulation is clear. And the market is moving. We believe every business, not just tech giants, deserves access to programmable finance. This is about giving CFOs tools that match the speed and complexity of today’s global operations.

To our new teammates at Bitwage, welcome. To our customers, partners, and investors, thank you for believing. And to everyone working toward a more open, decentralized financial system, this is just the beginning.

We’re thrilled to be building this future together.

 

 


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Written by Jeremy Almond

Jeremy is CEO and co-founder of Paystand.

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Paystand is on a mission to create a more open financial system, starting with B2B payments. Using blockchain and cloud technology, we pioneered Payments-as-a-Service to digitize and automate your entire cash lifecycle. Our software makes it possible to digitize receivables, automate processing, reduce time-to-cash, eliminate transaction fees, and enable new revenue.

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